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ARTICLE · 29 JULY 2019

Under Scrutiny

Demonstrating commitment to sound business ethics is a critical component of trust in business. This is often partly captured in corporate social responsibility (CSR)

United KingdomCorporate/Commercial Law
Jacqui McKinlay
Jacqui McKinlay

Corporate social responsibility and social value are being put under the spotlight

Demonstrating commitment to sound business ethics is a critical component of trust in business.

This is often partly captured in corporate social responsibility (CSR) plans which set out a company’s credentials in relation to its willingness to ‘give something back’, demonstrate a level of responsibility or commit to setting acceptable standards of behaviour and practice.

But does CSR go far enough? Are businesses choosing the easy-to-do, is it too tick-boxy, does it offer enough challenge and, fundamentally, who is checking what is promised compared to what is achieved?

Key Elements

Most companies recognise that social responsibility goes beyond giving out cheques to good causes or lending out staff as volunteers. They want to demonstrate their role as a good corporate citizen. They understand that they do not operate in isolation but have impact upon their commercial and

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